Lenox, MA Foreclosures
How much do homes sell for in Lenox, MA?
The average home price is currently $835,036.
In Lenox, MA, how many homes are available?
There are currently 4 active home listings available in Lenox.
What’s the average rental cost in Lenox, MA?
The average rental price in Lenox is $1,913.
What is the most expensive home in Lenox?
The most expensive home sold in Lenox had a price of $28,445,572.
What is currently the cheapest priced home in Lenox, MA?
The cheapest home for sale in Lenox is priced at $118,702.
Living in Lenox, MA
Lenox, MA, is a charming town in the Berkshires rich in history and culture. Known for its scenic landscapes and artistic community, it offers residents a blend of outdoor activities and cultural experiences. With excellent schools and a friendly atmosphere, Lenox is a highly desirable place to live.
Current Market Conditions in Lenox, MA
The current real estate market in Lenox is showing signs of steady growth, with increased buyer interest primarily due to the town's scenic beauty and cultural attractions. Homes are being purchased quickly, and the prices are slightly increasing, reflecting the demand for quality residential properties in this area.
As of this year, Lenox has seen a surge in new construction, indicating a positive trend in the real estate market. Many potential buyers are attracted to the natural beauty of the Berkshires, and the influx of people moving from urban areas has further escalated demand. However, the inventory remains low, which may limit options for buyers.
Home Value Estimator For Lenox, MA
There are currently 2,498 real estate properties
in Lenox, MA,
with a median automated valuation model (AVM) price
of $625,516.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lenox, MA, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Lenox, MA,
is $835,036.00, with the most expensive house
in Lenox, MA, topping out
at $28,445,572.00 and the cheapest home
in Lenox, MA,
clocking in at $118,702.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lenox, MA!
Rent Prices
In Lenox, MA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lenox, MA, is on
a rollercoaster ride. The
average rent price in Lenox, MA,
is $1,913.00. Indeed, when looking to rent in
Lenox, MA, you can expect to pay as little
as $940.00 or as much
as $3,040.00,
with the average rent median estimated to
be $1,920.00. The good news is that finding
an affordable and desirable property to rent in Lenox, MA
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
